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Gold Rebounds to $4,530 as Oil Slides on US-Iran Deal Hopes

XAU/USD rises 0.7% as WTI crude falls 1.6% to a five-week low near $86.30 amid easing Middle East tensions. Gold prices climbed 0.7% to near $4,530 in European trading Friday, extending Thursday’s recovery as oil prices dropped. WTI crude fell 1.6% to a five-week low of $8

  • mohammad501ps@gmail.com
  • May 29, 2026
  • gold

Gold Rebounds to $4,530 as Oil Slides on US-Iran Deal Hopes

XAU/USD rises 0.7% as WTI crude falls 1.6% to a five-week low near $86.30 amid easing Middle East tensions. Gold prices climbed 0.7% to near $4,530 in European trading Friday, extending Thursday’s recovery as oil prices dropped. WTI crude fell 1.6% to a five-week low of $8

  • mohammad501ps@gmail.com
  • May 29, 2026
  • forex

RBNZ Signals Faster Rate Hikes, Lifting NZD/USD to Weekly Gain

The Reserve Bank of New Zealand hints at earlier and larger rate increases, pushing the NZD/USD pair up 2% this week. The NZD/USD pair rose 0.55% to 0.5967 in European trading on Friday, extending its weekly gain to 2%. The move follows RBNZ Governor Anna Breman’s remarks

  • mohammad501ps@gmail.com
  • May 29, 2026
  • forex

RBNZ Signals Faster Rate Hikes, Lifting NZD/USD to Weekly Gain

The Reserve Bank of New Zealand hints at earlier and larger rate increases, pushing the NZD/USD pair up 2% this week. The NZD/USD pair rose 0.55% to 0.5967 in European trading on Friday, extending its weekly gain to 2%. The move follows RBNZ Governor Anna Breman’s remarks

  • mohammad501ps@gmail.com
  • May 29, 2026
  • forex

EUR/USD Holds Below 1.1660 as Traders Eye German Inflation Data

Investors await Germany’s May HICP figures to gauge potential ECB rate hike timing amid mixed Eurozone economic signals. The Euro remains under pressure against the US Dollar, trading below 1.1660 as markets digest mixed Eurozone data and await key German inflation figures

  • mohammad501ps@gmail.com
  • May 29, 2026
  • forex

EUR/USD Holds Below 1.1660 as Traders Eye German Inflation Data

Investors await Germany’s May HICP figures to gauge potential ECB rate hike timing amid mixed Eurozone economic signals. The Euro remains under pressure against the US Dollar, trading below 1.1660 as markets digest mixed Eurozone data and await key German inflation figures

  • mohammad501ps@gmail.com
  • May 29, 2026
  • forex

EUR/USD Holds Below 1.1660 as Traders Eye German Inflation Data

Investors await Germany’s May HICP figures to gauge potential ECB rate hike timing amid mixed Eurozone economic signals. The Euro remains under pressure against the US Dollar, trading below 1.1660 as markets digest mixed Eurozone data and await key German inflation figures

  • mohammad501ps@gmail.com
  • May 29, 2026
  • politics

Bolivia President Faces Backlash Over Austerity Measures

Nationwide protests erupt after President Rodrigo Paz scraps fuel subsidies and enacts land reforms amid economic crisis. Bolivian President Rodrigo Paz is confronting widespread unrest after implementing abrupt austerity measures, including the elimination of fuel subsidi

  • mohammad501ps@gmail.com
  • May 29, 2026
  • politics

Trump Pushes Iran Deal Tied to Israel Normalization Amid Regional Shift

Gulf states increasingly distance from Israel and U.S. security alliances, complicating Trump’s leverage in Iran negotiations. President Trump is reviving the 2020 Abraham Accords as leverage in Iran negotiations, aiming to secure a ceasefire through normalization with Isr

  • mohammad501ps@gmail.com
  • May 29, 2026
  • Uncategorized

Norway Presses EU to Lift Arctic Oil and Gas Drilling Restrictions

Norway escalates lobbying efforts to ease EU Arctic drilling bans amid energy security concerns following supply disruptions. Norway has ramped up lobbying in Brussels to reverse or modify the EU’s Arctic oil and gas drilling moratorium. The country, Europe’s largest oil a

  • mohammad501ps@gmail.com
  • May 29, 2026
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